Economy grew 2.8% in 2024, holding strong despite high interest rates
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
U.S. Dollar Index Analysis: Hawkish FOMC Pause, Trump's Fed Criticism, And Technical Outlook
The Federal Reserve held interest rates steady and signaled a “wait and see” approach as uncertainties remain. Click to read.
Crain's Detroit5h
Mortgage interest rates dip, keeping 30-year loans below 7%
Mortgage rates in the U.S. dropped for a second straight week. The average for 30-year loans was 6.95%, down from 6.96% last ...
Fox 96h
Federal Reserve holds interest rates steady
The Federal Reserve holds firm on interest rates after their latest meeting. The decision was expected as progress is bumpy ...
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
US economy resilient despite moderation in growth in fourth quarter
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...
Trump renews feud with Federal Reserve over inflation, interest
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the ...
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
U.S. GDP Growth Slowed In Q4 2024 To 2.3% Due To Falling Inventories
U.S. gross domestic product grew by 2,3% in Q4 2024 after expanding by 3.1% in Q3. Consumption was the lion's share of growth ...
Fed holds interest rates steady, defying President Trump's call for cuts
The Federal Reserve announced this week that it will maintain current interest rates, a decision that could keep loans and ...
Fed Holds Interest Rates: What Small Businesses Can Expect In The 1st Quarter Of 2025
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...